Post Utme Mountain Top University 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ACCOUNTING • objective

A company's trial balance shows a discrepancy of ₦5,000. The accountant suspects an error in the posting of a transaction. The transaction involved the sale of goods for ₦20,000, with a discount of 5%. The error is likely to be in the

Answer Options

A. posting of the sales revenue
Correct Answer B. posting of the discount allowed
C. posting of the sales returns
D. posting of the cash received from customers
Correct Answer
B
Correct Option:
posting of the discount allowed

About This Question

This is Post Utme Mountain Top University 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Mountain Top University Accounting examination.

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